BannaKhan

CHFJPY long trade on pullback

Panjang
FX:CHFJPY   Franc Swiss / Yen Jepun
Hello traders,

We have had a nice short trade earlier on this pair and now after the pullback we have spotted a nice bullish engulfing candle which suggests that we should see further upside movements. I have gone long on this and marked the entry point, sl and tp for you as well.

Ultimately I think it should make a double top before deciding further direction.

Let me know what you think.

Trade safe and good luck.
Penafian

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